Enterprise Inns and managed pub operator Oakman Inns & Restaurants have joined forces to launch a new joint venture, Hunky Dory Pubs.
The new business is the fourth ‘Managed Expert partnership’ Enterprise has entered into following deals with Geronimo Inns founder Rupert Clevely, the Laine Pub Company, and Food & Fuel. The partnerships see the pubco joining with ‘industry-leading’ managed house operators 'to benefit from their retailing capability'.
The first Hunky Dory is set to open in Solihull in August, and will be named The Beech House. Further openings are due to be announced in the coming months.
Oakman Inns & Restaurants was founded by Peter Borg-Neal in 2005 and subsequently opened its first pub, The Akeman, in Tring in 2007. It now has 15 pubs across the Midlands and the South East.
Enterprise Inns CEO Simon Townsend said: 'It is a key part of our strategy to bring the Managed Expert programme into the Midlands and we look forward to opening our first site during the summer.
'We have the highest regard for Peter and his colleagues, and are excited about the prospect of building the Hunky Dory business together.'
Borg-Neal said: 'Enterprise Inns own some of the best pubs in the country and we are certain that many of them can respond well to our management input. At Oakman we have some amazing people, considerable management expertise and a first class set of operating systems. These complementary ingredients form the basis of our partnership.'
Enterprise has 5,000 pubs across England and Wales, and now has four pubs under its Enterprise Managed Investments model, with plans for six more sites by 30 September.
Pictured: The Signal Hill in Forest Hill, Enterprise Inns' first Managed Expert property with Clevely